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Hong kong monetary authority
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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GODO Copy - Harness the Power of Collaborative Trading
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Hong Kong Monetary Authority
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Regulation
Why is Hong Kong Regulating Stablecoin Issuers Now?
2024-07-17T17:47:25.014+02:00
Hong Kong's regulatory push puts Stablecoin issuers under the microscope.
New regulations aim to ensure sustainable stablecoin ecosystem development.
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Regulation
Banking Giant Committed Violations for 7 Years, Now Faces Punishment
2024-07-08T14:36:49.090+02:00
Hong Kong's monetary authority fined DBS Bank for anti-money laundering compliance failures.
The bank's lapses included inadequate monitoring of high-risk customers.
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CryptoCurrency
HashKey's Full Crypto Licensing Opens Doors for Retail Trading in Hong Kong
2023-08-03T11:00:52.505+02:00
Hong Kong loosened cryptocurrency regulations in early June.
However, until now, there has been a lack of a company with the necessary licenses.
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CryptoCurrency
Hong Kong’s New Crypto Regime Kicks In
2023-06-01T16:24:12.477+02:00
Crypto exchanges are to limit retail investors to digital assets with a large market cap.
Over 80 local and foreign crypto firms are interested in becoming licensed.
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CryptoCurrency
Hong Kong to Start Regulating Crypto in June 2023, 80 Companies Want to Join
2023-03-20T11:25:31.354+02:00
More than 80 companies are waiting in line to join Hong Kong's web3 ecosystem.
The region is preparing to launch VA regulations in June 2023.
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CryptoCurrency
Hong Kong Set to Legalize Crypto?
2022-10-27T13:24:58.744+02:00
Hong Kong wants to offer crypto trading services to retail customers in March 2023.
Partial legalization of the industry is expected to attract talent to the City again.
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FinTech
Hong Kong Imposes HK$6M Fine on Commerzbank AG for AML Lapses
2022-08-26T16:11:30.703+02:00
The offence was committed between April 2012 and June 2016.
HKMA said Commerzbank AG has taken 'prompt remedial action'.
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Solomon Oladipupo
News
Hong Kong Central Bank Launches AML RegTech Platform
2021-11-05T15:34:09.000+02:00
The platform will use Network Analytics to further curb the risks of money laundering.
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Arnab Shome
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News
Hong Kong Central Bank Releases e-HKD Whitepaper
2021-10-05T13:09:33.000+02:00
The central bank will explore the idea of CBDC in domestic and cross-border markets.
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HKMA, PBoC Initiate Talks for Digital Yuan Testing in Hong Kong
2020-12-07T15:25:53.000+02:00
The Hong Kong regulator is willing to check the cross-border payment feature of the CBDC.
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Executive Moves
HKEX Appoints Brian Lee as MD, Group Head of Technology Risk
2020-08-18T05:08:44.000+02:00
Lee joins HKEX after 25 years with the Hong Kong Monetary Authority.
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Celeste Skinner
Regulation
HKMA and SFC Update OTC Derivatives Services Provider List
2020-03-27T13:48:45.000+02:00
The two regulators have proposed eight new entities be included in the list.
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Celeste Skinner
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Payments
HK Regulator Issues SVF Licences to Geoswift and Yintran
2019-05-10T13:33:17.000+02:00
The two companies are likely to offers some form of prepaid card or cash-storage service
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David Kimberley
Regulation
Hong Kong Regulator Issues Another 4 Virtual Banking Licenses
2019-05-09T14:43:08.000+02:00
The HKMA gave out the its first three licenses in March
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Regulation
JP Morgan Slapped With $1.6 Million Fine By Hong Kong Regulator
2019-01-03T17:34:47.000+02:00
The investment bank failed to properly perform due diligence and broke wire transfers rules.
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David Kimberley
News
Bank Blockchain Now Live in Hong Kong
2018-11-01T14:23:57.000+02:00
The trade finance blockchain is similar to We.trade in Europe, and the two will collaborate.
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Executive Moves
Standard Chartered Prepares for Digital Bank in Hong Kong, Appoints CEO
2018-08-31T08:01:32.000+02:00
Digital banking veteran Deniz Güven has been named as the CEO of the virtual bank.
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Celeste Skinner
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Hong Kong Banks, Watchdog Announce Joint Blockchain Project
2018-07-17T14:25:02.000+02:00
Trade finance platform by Hong Kong Monetary Authority and seven banks is intended to modernise trade finance.
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